Latest News | Ajmera Realty & Infra Q1 Profit Up 49 Pc to Rs 31.43 Cr

New Delhi, Aug 8 (PTI) Ajmera Realty & Infra India on Thursday reported a 49 per cent increase in its consolidated net profit to Rs 31.43 crore for the quarter ending June.

Its profit stood at Rs 21.07 crore in the year-ago period.

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Total income rose to Rs 196.15 crore in the April-June period of this fiscal from Rs 117.57 crore in the corresponding period of the previous year, according to a regulatory filing.

Dhaval Ajmera, Director of Ajmera Realty & Infra India, said the company continued its robust growth momentum with a stellar performance across all financial metrics, driven by strong sales growth and excellent collection efficiencies across all projects.

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This growth trajectory is a testament to the company's coveted launch pipeline and paves the way further towards full-year guidance, he said.

(The above story is verified and authored by Press Trust of India (PTI) staff. PTI, India’s premier news agency, employs more than 400 journalists and 500 stringers to cover almost every district and small town in India.. The views appearing in the above post do not reflect the opinions of LatestLY)